Be Protected from the Unexpected.
Be Protected from the Unexpected.
As a business owner, insurance for your assets and operational liabilities is a key consideration to be protected from the unexpected. Here is an overview of the insurance products most commonly relevent to businesses in the automotive trade.
Material Loss or Damage
Designed to help cover physical loss or damage to your business assets (e.g. building, contents and stock), at your premises from certain sudden, unexpected or unforeseen occurrences (Perils e.g. Fire, Storm Damage). Flood Cover is typically excluded from standard products.
Business Interruption
Helps cover loss of income to your business as a result of material damage to your property and can assist with additional increased costs of working.
Public and Product Liability
If you accidentally injure a third party, such as a client, or damage their property (including vehicles), you may be liable to compensate them for their loss or injury, and any subsequent legal costs incurred.
Customer Motor Vehicle
Helps cover customer motor vehicles on your property that are damaged or stolen. Accidental damage cover is also available if an incident occurs when moving a vehicle on your business premises or even test driving on public roads.
Burglary
Helps cover loss of your contents and stock due to theft from forcible and violent entry to your premises.
Money
Designed to help cover your business’s money whilst on your premises and in transit.
Glass
Helps cover the costs of replacing internal or external glass that is accidentally damaged or broken (e.g. windows including advertising signs).
Computer Electronic Equipment
Helps cover breakdown of electronic equipment at your premises (e.g. photocopiers, computers, POS).
General Property (Special Risks)
Designed to help cover loss or damage to portable property (e.g. laptops).
Machinery Breakdown
Machinery such as hoists are critical to your business. Machinery breakdown insurance can help cover any sudden or unforeseen breakdowns of your equipment that is housed on your business premises.
Tax Audit
Helps cover Accountant’s Fees in connection with an audit of your business conducted by the Australian Taxation Office.
Professional Risks
Designed to help cover costs and expenses arising from incorrect advice (such as incorrect issuing of a road-worthiness certificate).
